City of Surrey's 2024-2028 Financial Plan

FINANCIAL SUMMARY—DEPARTMENTAL PROGRAM SUMMARY (in thousands)

2022

2023

2023

2024

2025 PLAN

2026 PLAN

2027 PLAN

2028 PLAN

NET PROGRAMS

ACTUAL

ACTUAL

BUDGET BUDGET

Drainage Operating Parking Authority

$

12,857 (2,178) 26,210 (7,309) (13,986) (1,177) (6,386)

$

12,677 (1,835) 27,866 (13,766) (11,799) (1,928) (28,148)

$

15,691 (1,320) 28,031 (10,991) (10,415) (2,132) (18,098)

$

15,062 (1,023) 31,133 (12,153) (10,365) (2,766) (13,775)

$

15,416 (1,050) 31,477 (16,692) (10,777) (4,065) (12,045)

$

15,728 (1,076) 32,071 (19,247) (11,051) (5,834) (11,127)

$

16,046 (1,103) 32,325 (21,594) (11,547) (6,843) (13,154)

$

16,372 (1,130) 32,815 (24,585) (11,548) (7,983) (16,818)

Roads & Traffic Safety Operating

Sewer Operating

Solid Waste Operating

Surrey City Energy Water Operating

$

8,031

$ (16,933)

$

766

$

6,113

$

2,264

$

(536)

$ (5,870)

$ (12,877)

ACCOUNT SUMMARY

Revenues Sale of Goods and Services

$ (221,229)

$ (248,356)

$ (238,662)

$ (257,827)

$ (281,257)

$ (299,483)

$ (317,438)

$ (339,085)

Transfers from Other Governments

(9,278) (3,585)

(13,082) (3,325)

(7,115) (3,232)

(7,482) (3,436)

(7,504) (3,600)

(7,654) (3,720)

(7,807) (4,132)

(7,963) (4,350)

Grants, Donations and Other

(234,092)

(264,763)

(249,009)

(268,745)

(292,361)

(310,857)

(329,377)

(351,398)

Expenditures Salaries and Benefits

10,748 201,428 47,295 (11,632)

10,421 215,899 48,132 (11,412)

12,820 201,366 48,289

13,889 222,612 51,624

14,166 241,555 52,439 (10,163)

14,450 256,120 53,544 (10,352)

14,739 268,220 54,604 (10,545)

15,034 282,059 55,751 (10,742)

Operating Costs

Internal Services Used

Internal Services Recovered

(9,759) (3,241)

(9,963) (3,304)

External Recoveries

(4,021)

(3,348)

(3,372)

(3,441)

(3,511)

(3,581)

243,818

259,692

249,475

274,858

294,625

310,321

323,507

338,521

Net Operations Total

9,726

(5,071)

466

6,113

2,264

(536)

(5,870)

(12,877)

Transfers To (From) Capital Sources To (From) Operating Sources

(1,699)

(11,626)

300

- -

- -

- -

- -

- -

4

(236)

-

(1,695)

(11,862)

300

-

-

-

-

-

$

8,031

$ (16,933)

$

766

$

6,113

$

2,264

$

(536)

$ (5,870)

$ (12,877)

City of Surrey | 2024—2028 Financial Plan | Utilities Operating

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